31.07.2007 10:48:00
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Satyam Signs Two Major IT Contracts with FIFA
HYDERABAD, India, July 31 /PRNewswire/ --
- International Football Organization Chooses Global Consulting and Information Technology Services Company to Deliver FIFA Extranet, Intranet, and Customized Event Management System with Match AG
Satyam Computer Services, Ltd. (NYSE: SAY), a leading global consulting and information technology services company, announced today that it has signed two multimillion-dollar contracts to support FIFA and its major forthcoming events.
Thanks to the strength of its technical capabilities and flexible approach, Satyam has not only been selected to develop a customized Event Management System for one of the world's premier sports organizations, but it has also been chosen to build an Extranet and Intranet for FIFA over the next 12 months. Satyam's partnership will also include full, uninterrupted support for both solutions for FIFA, until the final whistle of each game.
Working primarily from FIFA's Zurich headquarters, Satyam will provide in-country support for matches. It will also have teams work from offshore locations to enable lower costs and optimized CMM Level 5 quality.
"Clearly, FIFA organizes incredibly large-scale, high-profile tournaments. In fact, we host the world's most widely viewed sporting events; with as many as 28 billion people watching the 2006 Tournament. As such, we cannot afford even a second's downtime, even during the huge usage spikes throughout games," said FIFA head of information technology solutions Michael Kelly. "That is why we have chosen the reliability, flexibility, and reusability of Satyam's applications. This is the start of a long-term relationship that will see Satyam working closely with FIFA over the next few years."
"We are delighted to have been chosen to deliver two such critical applications for FIFA, and are committed to ensuring the success of managing its event logistics and Extranets/Intranet platforms," said Dr. Keshab Panda, the senior vice president, director, and head of Satyam's European operations.
About Satyam Computer Services
Satyam (NYSE: SAY), a leading global business and information technology services company, delivers consulting, systems integration, and outsourcing solutions to clients in 20 industries and 57 countries.
Satyam leverages deep industry and functional expertise, leading technology practices, and an advanced, global delivery model to help clients transform their highest-value business processes and improve their business performance. The company's 42,500(i) professionals excel in engineering and product development, supply chain management, client relationship management, business process quality, business intelligence, enterprise integration, and infrastructure management, among other key capabilities.
Satyam development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve 570(i) clients, including one-third of the US Fortune 500. For more information, see http://www.satyam.com.
(i) As of June 30, 2007
About FIFA
The Fédération Internationale de Football Association (FIFA) is an association governed by Swiss law, founded in 1904, and based in Zurich. It has 208 member associations and its goal, enshrined in its statutes, is the constant development and improvement of football. FIFA employs some 280 people from more than 30 nations and is composed of a Congress (legislative body), Executive Committee (executive body), General Secretariat (administrative body), and committees (assisting the Executive Committee).
Safe Harbor
This press release contains forward-looking statements within the meaning of section 27A of Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Satyam undertakes no duty to update any forward-looking statements. For a discussion of the risks associated with our business, please see the discussions under the heading "Risk Factors" in our report on Form 20-F concerning the quarter ended March 31, 2007, furnished to the United States Securities Exchange Commission on April 30, 2007 and the other reports filed with the Securities Exchange Commission from time to time. These filings are available at http://www.sec.gov.
Web site: http://www.satyam.com
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